Close

Schulze Having Serious Trouble Financing Best Buy (BBY) Takeover

Go back to Schulze Having Serious Trouble Financing Best Buy (BBY) Takeover

Best Buy (BBY), Schulze Said to Break-Off Talks...For Now

March 1, 2013 6:54 AM EST

Best Buy (NYSE: BBY) and founder Richard Shulze might not get to the pot o' gold at the end of the rainbow after all.

According to reports out Friday, Best Buy ended discussions with Schulze over a potential deal where Schulze... More

Best Buy (BBY) Postpones Q4 Report; Will Give Schulze Feb. 28th to Respond

February 26, 2013 2:33 PM EST

Best Buy Co., Inc. (NYSE: BBY) is postponing Q4 earnings from February 28th to March 1st. The company is giving founder Richard Schulze the entire day of February 28th to reply to the company.

Shares of Best Buy are down 3 percent after announcing plans to cut 400 positions earlier.... More